Baldwin Insurance Group, Inc.

BWIN Financial Insurance Brokers

Baldwin Insurance Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 8.34% from fiscal 2024.

Revenue
+30.1%
EPS
−740.0%
Free cash flow
+208.1%
Total debt
+52.7%

Quarter to June 2026, against a year earlier

31.99 0.02 +0.06%
Market cap
$4.5B
P/E
0.0×
Fwd P/E
−42.6×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Baldwin Insurance Group, Inc. (BWIN) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Baldwin Insurance Group, Inc. (BWIN) trades at a P/S ratio of 1.7×. Over the past ten years it has ranged from 0.0× (December 2019) to 5.2× (November 2020); the current reading is higher than 45% of that period. That is below the Insurance Brokers industry median of 2.9× and below the Financial sector median of 2.3×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 1.1× (38.74%)
FY2024 1.8× 51.65%
FY2023 1.2× (19.36%)
FY2022 1.4× (52.20%)
FY2021 3.0× (10.40%)
FY2020 3.4× 62.05%
FY2019 2.1× —
FY2018 0.0× —
FY2017 0.0× —

Quarterly newest first

Period P/S ratio Change
Jun 2026 1.4× 11.95%
Mar 2026 1.3× 16.83%
Dec 2025 1.1× (16.62%)
Sep 2025 1.3× (34.71%)
26 more quarters

Against its own ten years

Low 0.0× High 5.2×
Ten-year median 1.8×
Current reading's percentile 43

P/S ratio against peers

Company P/S ratio
TWFG TWFG, Inc. compare 1.2×
BWIN Baldwin Insurance Group, Inc. 1.7×
RYAN Ryan Specialty Holdings Inc. compare 1.8×
LIFE Ethos Technologies Inc. compare 2.9×
ERIE Erie Indemnity Company compare 3.2×
GSHD Goosehead Insurance compare 3.3×
ARX Accelerant Holdings compare 3.8×
CRVL CorVel Corp. compare 4.3×
NP Neptune Insurance Holdings Inc. compare 19.3×
Insurance Brokers industry median 2.9×
Financial sector median 2.3×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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